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Share Buybacks Fall Most Since 2009
U.S. share buybacks have fallen back to levels last seen in 2099. The news
comes amid the worst profit slump since the financial crisis... and when
valuations sit near 14-year highs.
Why “Money Helicopters” Are Not the Answer
Although “helicopter money” — code for handing out free money — is now
being seriously discussed... what’s really needed to boost growth are major
structural reforms. The fate of the world depends on it.
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Mailbag
Readers continue to weigh in on the state of U.S. politics. Here are more
responses to Monday’s issue, “Trump’s Biggest Deal.”
Sarah Palin will be the V.P. with Trump, and you may be surprised that they
will have a balance budget within three years. And with Obamacare repealed,
job killing regulations eliminated, and corporate tax rates cut, it will make the
U.S. more business friendly.
— Christopher F.
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